Here is the latest market update from the Charleston Trident Association of Realtors.

New Listings were up 6.9 percent to 2,449. Pending Sales increased 56.2 percent to 2,556. Inventory shrank 71.7 percent to 1,587 units.

Prices moved higher as Median Sales Price was up 17.4 percent to $337,073. Days on Market decreased 49.2 percent to 31 days.

Months Supply of Inventory was down 77.1 percent to 0.8 months, indicating that demand increased relative to supply.

Let us know if we can help you in your search for a new home, the sale of your existing home, or both!